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Dover Corporation (DOV) Will Benefit Through Cryogenic Cooling Of AI Datacenters, Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Recently Talked About. Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed.

Dover Corporation (NYSE:DOV) is an industrial machinery company whose shares have lost 1.8% year-to-date. Its shares have struggled due to broader bearishness surrounding industrial stocks, which has also affected other industrial firms. Cramer’s previous comments about Dover Corporation (NYSE:DOV) have pointed out that despite the fact that the firm had an “unbelievable” recent quarter, its stock was sold down. This time, he discussed the firm in the context of the AI wave and the potential need for cryogenic cooling:

“Cryogenic is, look, look, we own Dover for the charitable trust in part because Mr.Tobin came on and said, eventually, they’re gonna have to use cryogenics to keep the data centers cool. Now Jensen Huang said absolutely not. It costs too much money. But if they keep putting hot stuff in there, you’re going to need everything that you can.”

Photo by Jacek Dylag on Unsplash

Here are Cramer’s remarks about Dover Corporation (NYSE:DOV) after the firm’s earnings report:

“And I’m going to throw in a third one. Dover. With another unbelievable quarter. Very big guide up. Stock is down. Whoever is selling these, things Carl, they’re not trying to paint the tape. They just don’t understand how stocks work. Because we have real major industrial companies that are doing incredibly well. And it’s almost like if they’re not merging, we don’t want to own them, if they’re not AI, we don’t want to. own. They’re other things worth owning. . . Dover’s worth buying, right here. . . Dover, Honeywell beat and raise.”

While we acknowledge the risk and potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DOV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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